Real Estate Law News and Insights

A Brief Guide To Ground Lease Terminations: Considerations For Lessors And Lessees When A Leasehold Expires

Published: Sep 25, 2022
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In a typical ground lease transaction, a lessor leases property to a lessee for several decades. At the outset of the lease, there are many factors that both the lessor and lessee consider as they negotiate the lease terms and conditions, perform due diligence, and otherwise prepare to enter into...

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You Are On Notice: Failure To Comply With Contractual Notice Provisions Can Be Fatal To Your Claim

Published: Sep 23, 2022
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Imagine your firm is the construction manager on a multi-million-dollar project. At the end of the project you are five million dollars out-of-pocket. You have a stack of claims for additional and extended work which led to the overrun, payment for which will easily cover the shortfall. However, the owner...

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California Legislature Creates Pathways For Residential Development On Commercially Zoned Land

Published: Sep 21, 2022
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Highlights California Assembly Bill (AB) 2011 of 2022 provides a streamlined ministerial approval pathway, comparable to SB 35 of 2017, for qualifying multifamily projects on commercial zoned land that prevailing wages and meet specified affordable housing targets. The legislation provides two distinct options for eligibility: one where construction is paid...

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